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Brokerage firm UBS (UBS) recently developed a list of stocks poised to benefit from the burgeoning artificial intelligence (AI) trend. It predicts global AI sales will steamroll past the $400 billion mark within three years. Additionally, the firm advises its investors to wager on businesses across the AI value chain. AI infrastructure stocks, in particular, could prove lucrative, given that infrastructure spending is driven by GPU cloud and other emerging trends, which are forecast to grow to $195 billion in 2027 from $25.8 billion in 2022.
Moreover, UBS analyst Nadia Lovell states that only 5% of companies currently utilize generative AI, indicating a robust growth runway ahead. Considering that, here's a closer look at three leading AI infrastructure stocks, all drawn from UBS Global Research's list of top ideas.